Description
Hanover Street Capital, LLC (“Hanover Street”), a wholly-owned subsidiary of SitusAMC, is a commercial real estate platform dedicated to support Deutsche Bank’s (“DB”) Commercial Real Estate Group. We provide a comprehensive suite of world class finance and investment solutions across primarily commercial real estate debt transactions.
Position would be a direct report to the VP of Compliance and have responsibilities including routine reporting reviews, database regulatory and compliance updates, asset management alignment, process improvement.
Responsibilities:
- Interpret legal documents from newly closed and existing loan portfolio to identify reporting requirements by Borrower, Guarantor, Sponsor or any other Obligor
- Support Asset Management team to communicate reporting requirements to Obligors, track documents received, update Ark Reskin reporting system as needed
- Work with Director-Reporting Compliance to conduct random reviews of “closed” reporting to ensure accuracy and compliance
- Maintain routine contact and engagement with HSC Portfolio Management team to ensure database accuracy and efficiency
- Support Director-Reporting Compliance with weekly Ark Reskin covenant past due reporting – download Excel export, populate ongoing file, and generate charts. Prepare additional reporting/data manipulation as requested
- Perform Regulatory Data Corporation data requests as requested
- Update ARK Reskin with Asset Manager (“AM”) and/or Loan Administration (“LA”) changes, missing data points
- Assist Director-Reporting Compliance with policy and procedure drafting and implementation.
- Support AM with outstanding reporting reviews, communicate gaps as needed to AM and Director-Reporting Compliance
- Perform ad hoc analysis for AM team, Business Analysts, Compliance, DB Client requests
Essential Skills:
- Advanced MS Office suite including Access, Outlook, Excel, Power Point and Word.
- Strong attention to detail, particularly when working with data
- Strong communication skills – both verbal and written
- Presentation skills, particularly in PowerPoint
- Positive, professional attitude
- Flexible with an ability to work on different tasks at once
- An interest and willingness to learn about regulatory and compliance issues in the commercial real estate sector would be advantageous
About SitusAMC
SitusAMC is the leading provider of consulting, outsourcing, talent and technology solutions, supporting institutional lenders and investors, across the life cycle of commercial and residential real estate debt and equity. The firm employs more than 3,300 employees with offices in 27 markets across the U.S., Europe and APAC.
SitusAMC brings together the industry’s top talent, unparalleled platform and innovative technologies to help clients optimize returns, identify risk, transform processes and infrastructure, and ultimately, realize opportunities in their businesses.
We are an equal opportunity employer (m/f/d/v).
This Employer Participates in E-Verify
EOE/M/F/D/V
Experience
5+ to 7 years
This job is no longer active.